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Aug 18, 2009
08/09
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let's head over to india and join ayesha faridi live for the india business report. >> thanks for that, christine. standing or staring at that 1.5% gain for both the sensex and the nifty. might i add, it has come off from the top of the day. we're almost staring at a 100 point rally for the nifty just about a while ago. technology has been weak in trade today. watch out for counters. unitech amongst the real estate space, it's almost a tug of war space. reliance industries, which has an extremely high weighted in the index, that counter is flattened. but the rest of the market is looking good. telecom is definitely in focus. reliance communications now, we are expecting up from our sources that reliance communications is in talk for source based information up now. but that counter is holding up. more update coming in part and mtn, the deal is currently on and our sources indicate that the board will be meeting today. if it is conclusive, we can expect some agreement from the deal in the next ten days. the going has been good for that one. the metals space and the real estate space, un
let's head over to india and join ayesha faridi live for the india business report. >> thanks for that, christine. standing or staring at that 1.5% gain for both the sensex and the nifty. might i add, it has come off from the top of the day. we're almost staring at a 100 point rally for the nifty just about a while ago. technology has been weak in trade today. watch out for counters. unitech amongst the real estate space, it's almost a tug of war space. reliance industries, which has an...
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Aug 20, 2009
08/09
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they point to china, india. if there's a demand, a true middle class growing out right now, that's what we're looking for. >> is there an economic barometer for economic activity? it's not the same incident that the u.s. stock market is for the u.s. economy. it's nonanticipatory in any way. >> down 20% in the last three weeks, petra down 20% from july 28 and the local market is down 7%. same thing with sinopex. a lot of the big cap names. that's a disconnect i don't feel comfortable playing. >> something you can't play. >> you've got to prefer to play some of the american plays, whether it's a three-point -- or going global. >> china. >> get the exposure. you don't know about them. those aren't investments. those are trades. >> let's bring in dennis guardman of the guardman letter. he's got expertise in the commodities market, certainly. the commodity king is his nickname. dennis, always a pleasure to see you. we've been having a very heated debate -- not so much on the debate. but are you looking at the shangha
they point to china, india. if there's a demand, a true middle class growing out right now, that's what we're looking for. >> is there an economic barometer for economic activity? it's not the same incident that the u.s. stock market is for the u.s. economy. it's nonanticipatory in any way. >> down 20% in the last three weeks, petra down 20% from july 28 and the local market is down 7%. same thing with sinopex. a lot of the big cap names. that's a disconnect i don't feel comfortable...
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Aug 19, 2009
08/09
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we're long-term energy goals because the long-term demand from emerging nations like china and india will in fact drive prices higher, but in the short term it's been that stimulus in china. they've basically stimulated their way to prosperity, but it can only go so far, again, because they're an export economy, unlike us. so unless somebody's there to buy their goods, it can only go so far. >> let me ask you quickly on china, is the chinese market the pullback of 20% over the last two weeks that we've seen in the shanghai market, is it telling us something? the chinese market was first to rebound before we did and first to perhaps top out before we did. >> totally agree with that. in fact, some of the stimulus has been the chinese stock market itself. because really it's a command control economy. once they know the money's not coming in, the market goes right down. so we keep away from that. and the implication is that they've been driving commodity prices higher where rest of the world hasn't had end demand. you wonder how that happened. so our concern is we're going to have a dip
we're long-term energy goals because the long-term demand from emerging nations like china and india will in fact drive prices higher, but in the short term it's been that stimulus in china. they've basically stimulated their way to prosperity, but it can only go so far, again, because they're an export economy, unlike us. so unless somebody's there to buy their goods, it can only go so far. >> let me ask you quickly on china, is the chinese market the pullback of 20% over the last two...
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Aug 18, 2009
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, tax zoerns creating in india. these are all for infrastructure building programs and they're going to continue. >> but what i hear is something else. what i hear is they're hoarding, they're stockpiling and there's a limit to that kind of behavior. >> well, there certainly is a limit to how much they can stockpile, loans have been given out and the infrastructure building. we've got pictures of people lining up up to buy condo, government programs to instill competent in the marketplace. there's a huge, huge infrastructure built up for copper wiring through the basically, they build all these power stations and there's not enough electricity getting out to the rural area, so to create josh, they're extending the wiring infrastructure throughout china in addition to building light railways, i think those factors very, very bull issue for the commodity demand. then we have this basically clunk, also seeing the commodities domestically pickup with the turnover for cars. zinc prices are picking up. the demand in china
, tax zoerns creating in india. these are all for infrastructure building programs and they're going to continue. >> but what i hear is something else. what i hear is they're hoarding, they're stockpiling and there's a limit to that kind of behavior. >> well, there certainly is a limit to how much they can stockpile, loans have been given out and the infrastructure building. we've got pictures of people lining up up to buy condo, government programs to instill competent in the...
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Aug 17, 2009
08/09
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india celebrated independence day. the country's prime minister vowing to return the country to 9% growth. can they catch up with china? stay tuned. more efficiently, so we've brought in a team of experts to help. one suggestion is to make your shipping more efficient with priority mail flat rate boxes from the postal service. call or go online for a free supply and up to $160 in offers from authorized postage vendors. shipping's a hassle! weighing every box... actually, with flat rate boxes you don't need to weigh anything under 70 pounds. if it fits, it ships for a low flat rate. ok, but i ship all over the country. you can ship anywhere in the country for a low flat rate. ship international, too. yes, but i ship hundreds of things, in all sizes. great, because flat rate boxes come in four sizes. call now and we'll send a free supply, plus up to $160 in offers. when you're ready to ship, we'll even pick them up for free, no matter how many you have. priority mail flat rate boxes only from the postal service. a simple
india celebrated independence day. the country's prime minister vowing to return the country to 9% growth. can they catch up with china? stay tuned. more efficiently, so we've brought in a team of experts to help. one suggestion is to make your shipping more efficient with priority mail flat rate boxes from the postal service. call or go online for a free supply and up to $160 in offers from authorized postage vendors. shipping's a hassle! weighing every box... actually, with flat rate boxes...
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Aug 29, 2009
08/09
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>> you talk about china and india, chose to focus on india. i wonder your thoughts on china, china is obviously running attention between control and a free market. how does it stack up on your check list, how does it make you think about the future of their growth. >> if i may quote myself, my former book was a book on china. the title of the book, the empire of lies to summarize my argument, very shortly, the factors in china, chosen to be a stng country. in is not the same. in a nondemocratic country, you decide to concentrate on the investment, the narrow part of the country, narrow part of the population, and make a distinction, what the chinese leader's call useful china and useless china. useful china is basically the eastern part of china, the part of china which is profitable because it is in permanent relationship with the rest of the world, globalized china. this globalized china is using the work force of the peasants, not using the work fce of the peasants at all, which means approximately 60% of the chinese people are completely
>> you talk about china and india, chose to focus on india. i wonder your thoughts on china, china is obviously running attention between control and a free market. how does it stack up on your check list, how does it make you think about the future of their growth. >> if i may quote myself, my former book was a book on china. the title of the book, the empire of lies to summarize my argument, very shortly, the factors in china, chosen to be a stng country. in is not the same. in a...
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Aug 11, 2009
08/09
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the bombay sensitive index in india is up 0.2%. nymex light sweet crude, this is how the picture is looking for oil. nymex light swede crude is way below the 72 highs we saw on friday, $70.89. and brent is down, trading at $73.70 a barrel. bertha, over to you. >> thanks very much, christine. joining us now for market strategy is art hogan, managing director. and julian pendock is with us. arty, i want to start with you. today everybody everyone will be focused on the fed. but let's start more widely. we've had a really nice move in july. the markets are at new highs for the year. is this kind of as good as it gets for a while? have we maybe stolen a little momentum from the fall? are we due for a pullback? >> you know, it's interesting. that's the $64,000 question. everyone wants to know how we got to where we are on news that was less bad. second quarter earnings season came in better than expected, but still not where we have not them to be. i think what we've effectively done is priced in the now, priced in sustainability. nobod
the bombay sensitive index in india is up 0.2%. nymex light sweet crude, this is how the picture is looking for oil. nymex light swede crude is way below the 72 highs we saw on friday, $70.89. and brent is down, trading at $73.70 a barrel. bertha, over to you. >> thanks very much, christine. joining us now for market strategy is art hogan, managing director. and julian pendock is with us. arty, i want to start with you. today everybody everyone will be focused on the fed. but let's start...
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Aug 28, 2009
08/09
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let's talk about india right now. ayesha faridi joins us live for the india business report. just stepped into the september series today. it's been shopping, but for now it's holding up in the green. 15,800 is where we're standing and the sensex is almost 100-odd point gain is what the sensex is nudging. and 4,7 must know, they will break out above that level yesterday and now it's firmly standing above it. almost a 33-odd point gain is what we're standing at right now. midcap cement companies are holding up very well. there are signs of demand pick up, which is why we're seeing a whole host of these plays pick up. besides that, amongst the heavyweights, you have meltses which have made a very good comeback. yesterday the stock was down almost 6% on close. a knee jerk reaction coming on very poor numbers. they have reported a loss this time around, but today the stock is making a good comeback and you are seeing it hold up in the green besides that capital goods is another pocket which is looking quite good. with that, it's back to you. >> ayesha, thank you very much. you ha
let's talk about india right now. ayesha faridi joins us live for the india business report. just stepped into the september series today. it's been shopping, but for now it's holding up in the green. 15,800 is where we're standing and the sensex is almost 100-odd point gain is what the sensex is nudging. and 4,7 must know, they will break out above that level yesterday and now it's firmly standing above it. almost a 33-odd point gain is what we're standing at right now. midcap cement companies...
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Aug 12, 2009
08/09
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let's turn now to india. ayesha faridi joins us live from mumbai from the india business report. ayesha. >> thanks for that, christine. it's a bad wednesday for the indian economic markets. it's sliced through 4,600, 4,500 and has even broken the 4,400 market in trade today. it's recovered from the low point of the day. just about half an hour can ba, we were seeing 2% cuts for the sensex and the nifty. the bodder markets reeling under pressure there, as well. in fact, most technical analysts do believe that 43.50 thereabouts is now the next resistance thorn for the market. the big losers in trade are the entire technologies space. you've got realty which is facing a lot of pressure in trade today. so these are the two weak pockets. besides that, a whole hoeft of these heavyweight counters have also been weak. but economic data has been very positive. we have market expectations about 7.8% across the board growth, but currently, the market is more worried about the global weakness that we are seeing. with that, it's back to you. >> ayesha faridi, thank you for that. ross, back ov
let's turn now to india. ayesha faridi joins us live from mumbai from the india business report. ayesha. >> thanks for that, christine. it's a bad wednesday for the indian economic markets. it's sliced through 4,600, 4,500 and has even broken the 4,400 market in trade today. it's recovered from the low point of the day. just about half an hour can ba, we were seeing 2% cuts for the sensex and the nifty. the bodder markets reeling under pressure there, as well. in fact, most technical...
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Aug 7, 2009
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i would bring in india, as well. india will be an economy we will take far greater notice of as the years go by. i agree totally in the decoupling. we are continuing to see that shift in economic power from west to east. we have too just to it. you have to adjust to it. far more severely than we do. it isn't something that is going to go away. but it cannot done and we will do it. but whether it will be deflationary or not, i'm not quite sure. >> meanwhile, howard, if i can just change tax slide, a large part of the rally in europe has been from financials. but we heard from rbs today who added realism. >> yes, they did. it has been an amazing week. yes, we were very glad the it's all over. what a week for banks. the good, the bad and the ugly. well, if the ugly is royal bank of scotland today, then we can actually live through it. but you know, the bottom line is that there's still a massive write-off here. banks are not performing in the way, the manner which they need to. there's a lot of clearing of decks to do a
i would bring in india, as well. india will be an economy we will take far greater notice of as the years go by. i agree totally in the decoupling. we are continuing to see that shift in economic power from west to east. we have too just to it. you have to adjust to it. far more severely than we do. it isn't something that is going to go away. but it cannot done and we will do it. but whether it will be deflationary or not, i'm not quite sure. >> meanwhile, howard, if i can just change...
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Aug 13, 2009
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let's zoom in on india and cross over to mumbai. ayesha faridi joins us. >> thanks for that, christine. the indian market belongs to the entire real estate pack, metals are holding up very well and the kind of bump up that we have seen in the commodity universe or rather the base metals market. so almost 2.7% in the green for the nifty right now. 4570 is back in the index. and it's actually the small cap universe which is really holding out. so a sign of the real estate and the metals universe, you have other sectors in the green. this is a whole lot talk about some sort of education policy that the government may be announcing. stim no confirmation on that. the entire sector is holding up very well. you've got a whole host of telecoms, gains of about 2.5% to % apiece. meantime, the nspci view closed yesterday and the entire power story closed yesterday. nhpc may be listing in about three odd weeks and the government may be announcing some sort of power reforms in the couple of days or something. so the entire power sector is doing
let's zoom in on india and cross over to mumbai. ayesha faridi joins us. >> thanks for that, christine. the indian market belongs to the entire real estate pack, metals are holding up very well and the kind of bump up that we have seen in the commodity universe or rather the base metals market. so almost 2.7% in the green for the nifty right now. 4570 is back in the index. and it's actually the small cap universe which is really holding out. so a sign of the real estate and the metals...
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Aug 6, 2009
08/09
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let's head out to india right now. mumbai for the latest on the india bit report. ayesha faridi joins us. hello, eayesha. >> thanks for that, christine. after a very tough day, more action seen for the broader market. while the sensex is a shade odd in the green, the crucial point, i think, is that is standing above that 4,700 mark. and it's the broader markets which have seen more. meantime, of course, a lot of things are really playing up. banking is one such bank. this led to the kind of recovery that we have seen today. so a couple of these counters and not just the heavyweight counters, development credit bank amongst the midcap banks had been showing you gains of about 5 odd percent. you've got axis bank is holding up by about 1.5%. icici bank, over a 3% move. l&t is doing out quite well. in the meantime, we have got a couple of news reports, still unconfirmed, that india plans to sue the euro union at the world trade organization at the wto for allowing big pharmaceutical companies to detain engine nettic drugs in transit to developing countries. that is one
let's head out to india right now. mumbai for the latest on the india bit report. ayesha faridi joins us. hello, eayesha. >> thanks for that, christine. after a very tough day, more action seen for the broader market. while the sensex is a shade odd in the green, the crucial point, i think, is that is standing above that 4,700 mark. and it's the broader markets which have seen more. meantime, of course, a lot of things are really playing up. banking is one such bank. this led to the kind...
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Aug 13, 2009
08/09
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ivanuand ras writes fom india -- as my good friend p , 200 peoe get swine flu a the ole of india was to wear surge rical masks. 20 million people hve aids ad nobody wants twear a condom. >>> as weontinue on this thursd evenin our other big theme hereonight is the glob economy. o of europe biggest economies, germany and france, report signs of recory. each saw grth. yes, we said growth of % in this year's second quarter. but those are just two untries, and despite turnaround for the much of europe is still mid in recession, as we hear this report frodeutsche welle. reporter: one reason for th positi trend in germany isan improvement the construction industry. but consumers have already done theibit, continui to spend money roughout the crisis. and they'veeenhelped by berlin economic stimulus packages. >> the slowdown in production is w over. we're entering ahase of stabilization or of slight growth. this respect, the worst is now overbut not for the labor rket. unfounately, we have to expect more job losses. >> reporter: gmany is not the only economy to emergefrom the cession. france
ivanuand ras writes fom india -- as my good friend p , 200 peoe get swine flu a the ole of india was to wear surge rical masks. 20 million people hve aids ad nobody wants twear a condom. >>> as weontinue on this thursd evenin our other big theme hereonight is the glob economy. o of europe biggest economies, germany and france, report signs of recory. each saw grth. yes, we said growth of % in this year's second quarter. but those are just two untries, and despite turnaround for the...
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Aug 26, 2009
08/09
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. >> in line with the rest of asia today, india is trading higher. we're joined now by ayesha faridi. thanks for that, maura. tale, it's been quite a choppy day. while it has struggled or tried not to hit the 4700 mark for the nifty, it isn't really being able to do that. it has made many attempts now for the trading session. all indices are in the green, but a big winner, indeed, or trade is indeed in force and the entire i.t. pack. clst is a brokerage which has been bearish on the entire i.t. space in india and is upgraded and it has upped the price target, as well. and they do also believe that they may beat fy '10 guidance and that is bringing volatility to the space, including in the midcap space. another stock in focus is united which is down by almost 2% in trade today. here is the news why. they have now called off stocks for diaggio sizing high evaluations and anti-trust issues as to why it was called off. it's a sentiment and a dampener with knee jerk reactions coming into it there. meantime, of course, we have a couple of other counters mo
. >> in line with the rest of asia today, india is trading higher. we're joined now by ayesha faridi. thanks for that, maura. tale, it's been quite a choppy day. while it has struggled or tried not to hit the 4700 mark for the nifty, it isn't really being able to do that. it has made many attempts now for the trading session. all indices are in the green, but a big winner, indeed, or trade is indeed in force and the entire i.t. pack. clst is a brokerage which has been bearish on the...
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Aug 13, 2009
08/09
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the number of reported cases in india stands at around 1,200. at least 2,100 people are reported to have died. however, with a population of over 1 billion people, the percentage of cases in india is low in compare to countries // $ elsewhere. some have blamed aggressive coverage of the outbreak by the media for creating an atmosphere of alarm. >>> to try to make sense of the global swine flu pandemic, just how dangerous it really is, we've invited back dr. martin blaser to join us tonight. he is the past president of the infectious disease society of america and is the chair of the department of medicine at new york university school of medicine. as we just heard, the swine flu is spreading quite rapidly around the world. but the global death count, which right now i believe is at 1,500, remains relatively low. so just how dangerous is disease? >> i think as you point, it's spreading all over the world. it's been present in more than 150 countries. i would guess there already have been tens of millions of cases of infection. and terelatively sm
the number of reported cases in india stands at around 1,200. at least 2,100 people are reported to have died. however, with a population of over 1 billion people, the percentage of cases in india is low in compare to countries // $ elsewhere. some have blamed aggressive coverage of the outbreak by the media for creating an atmosphere of alarm. >>> to try to make sense of the global swine flu pandemic, just how dangerous it really is, we've invited back dr. martin blaser to join us...
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Aug 27, 2009
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and the sensex in india, only market trading on the up side right now, up 0.3%. overall, a weak picture here in terms of crude oil and nymex crude. down 21 cents. concerns about global demand weighing on this, nymex, $71.22 a barrel. brent is falling, as well, down 30 cents, $71.35 a barrel. mike, good to see you. how are the futures looking today? >> good afternoon, christine. good to see you, as well. and the futures at this point are looking like the dow is going to shoot for straight eight with seven consecutive days tying its longest win streak of the year. it looks like we could have a mixed open at least in about 5 1/2 hours time from now. moving on to the treasury market on the back of another relatively successful auction yesterday of two year notes and ahead of another auction today of seven year notes, we do see the bund yield creeping up at 3723%. yesterday, the price went up just a little bit on the benchmark ten year t-note and the yield came down and that trend is continuing, although it's basically unchanged with yesterday's close right now at 3.4
and the sensex in india, only market trading on the up side right now, up 0.3%. overall, a weak picture here in terms of crude oil and nymex crude. down 21 cents. concerns about global demand weighing on this, nymex, $71.22 a barrel. brent is falling, as well, down 30 cents, $71.35 a barrel. mike, good to see you. how are the futures looking today? >> good afternoon, christine. good to see you, as well. and the futures at this point are looking like the dow is going to shoot for straight...
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Aug 20, 2009
08/09
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from talking about chinese banks, let's go over to india. ayesha joins us for the india business report. >> thanks for that, christine. part of the global rebound today, 4473 for the nifty right now. good gains coming in. 15,000 plus for the sensex, as well. that was a disapointing and dance because most marketmen were expect ago lists at 110. so adani power is one of the stocks in focus. almost 22 times is how the ipo was subscribed. besides that, sterlite industry sess one particular focus in stock today. sterlite has now matched a group of mexico's pay to about $2.1 billion is the exact figure over there. when we spoke to the company, they say they're upping the cash component by about $500 million from the previous bid. so both of these stocks in focus. with that, it's back to you. >> ayesha, thank you very much for that, live in mumbai. missing analysts forecasts. for the six months to june, net profit eked out a gain of 1.4% as revenue rose 8.9% from the year before. and taking a look at shares of china mobile, down 0.2%, 82.58 in hong
from talking about chinese banks, let's go over to india. ayesha joins us for the india business report. >> thanks for that, christine. part of the global rebound today, 4473 for the nifty right now. good gains coming in. 15,000 plus for the sensex, as well. that was a disapointing and dance because most marketmen were expect ago lists at 110. so adani power is one of the stocks in focus. almost 22 times is how the ipo was subscribed. besides that, sterlite industry sess one particular...
WHUT (Howard University Television)
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Aug 4, 2009
08/09
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they are showing films from places like iran, india and japan. instead of a nine-screen multipletch, there is this one plush and rather cozy space. it is a deliberately low tech affair, singing and dancing getting the people in the mood. people appreciate the effort that has gone into bringing movies to their door. >> it has been months, but it is a small cinema in a bus. it should be a bit different. >> to have a mobile cinema that comes and opens up like a box is wonderful. >> even when the film is over, there is is no rushing home. these thuse asses want everyone to feel included on their journey through the hills and glens. news on the banks of loch, ness. >> to photography. a thousand people across britain are find out how it feels to be captured on camera by one of the world's best-known fashion photographers. let's meet him. ♪ >> a portrait of britain. >> hold that. >> shot by rankin, one of the country's most celebrated photographers. >> i wanted to have a recording of what it was like. it was amazing to be photographed by him. >> certa
they are showing films from places like iran, india and japan. instead of a nine-screen multipletch, there is this one plush and rather cozy space. it is a deliberately low tech affair, singing and dancing getting the people in the mood. people appreciate the effort that has gone into bringing movies to their door. >> it has been months, but it is a small cinema in a bus. it should be a bit different. >> to have a mobile cinema that comes and opens up like a box is wonderful....
WHUT (Howard University Television)
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Aug 11, 2009
08/09
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india and china? but europe has already condemned the sentencing, but as far as we know we have heard nothing from india or china, or even thailand, where you are. >> it is very important that india and china are on board. releasing political prisoners has already been agreed on by china. other countries can play an important role. burma cannot afford to be kicked out because of what they are doing. they must play a strong and important role. with a new charter being established not long ago, they must make the military believe that they cannot be out of this. it is for the people, not for the military. >> we will have to leave it there. thank you very much. in its first leadership contest in two decades, the palestinian faction of fatah has carried out a sweeping overhaul of its top officials. 15 new officials were voted on to the 18 member committee. joining me from bethlehem is the bbc's arabic television correspondent. how significant have these elections mean? >> a new generation is in a sensitiv
india and china? but europe has already condemned the sentencing, but as far as we know we have heard nothing from india or china, or even thailand, where you are. >> it is very important that india and china are on board. releasing political prisoners has already been agreed on by china. other countries can play an important role. burma cannot afford to be kicked out because of what they are doing. they must play a strong and important role. with a new charter being established not long...
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Aug 4, 2009
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. >> in india, ayesha faridi joins us live for the india business report. >> we participated in the global rally today. yesterday it clocked a new high for ourselves and the nifty clocked that or cruised past that 4,700 mark. today, the markets chose to consolidate. the biggest drav dragger is oil and gas heavyweight, which is why you're seeing the nifty break away and increase those values. tata motors is your biggest gainer for today, at almost 6.5% gains. there are also rumors in the market that they may get the loan guarantee approved for the government for bridge loan acquisition of land rover. besides that, most of the commodity stocks have been doing very well. you've got auto ancillary stocks looking very well. the monthly sales numbers that came out for auto stocks and infillry stocks are picking up in trade amid the mid and the small caps are holding up, as well. >>> elsewhere, we are looking at euro's biggest bank, hsbc, the company could soon be one of the first foreign companies to list in shanghai. reuters says it could raise up to $7.3 billion in a shanghai ipo during the se
. >> in india, ayesha faridi joins us live for the india business report. >> we participated in the global rally today. yesterday it clocked a new high for ourselves and the nifty clocked that or cruised past that 4,700 mark. today, the markets chose to consolidate. the biggest drav dragger is oil and gas heavyweight, which is why you're seeing the nifty break away and increase those values. tata motors is your biggest gainer for today, at almost 6.5% gains. there are also rumors in...
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Aug 14, 2009
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will never get china and india to play unless we have a bill. if you want the progress, but look of what really works. -- let's look at what really works. i'm asking for your help having nothing to do with washington. we work with 40 cities on different continents to help them reduce their greenhouse gases. we work with 1100 cities to get them discount clean energy technology. we are trying to retrofit the empire state building to cut emissions 40%. i met to the budget people in puerto rico yesterday you want to make their island energy independence with a clean energy and efficiency. these are things that can be done. there are a lot of practical things that need to be advanced before we can get there. i will give you one example. this cash for clunkers program has worked great. it has been better than all the mechanisms of reorganizing the auto industry. we ought to put that on steroids when we can sell electric cars and buy them. there ought to be a six month waiting list for every electric car that any company can turn out before the first o
will never get china and india to play unless we have a bill. if you want the progress, but look of what really works. -- let's look at what really works. i'm asking for your help having nothing to do with washington. we work with 40 cities on different continents to help them reduce their greenhouse gases. we work with 1100 cities to get them discount clean energy technology. we are trying to retrofit the empire state building to cut emissions 40%. i met to the budget people in puerto rico...
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Aug 20, 2009
08/09
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the top three producers are brazil, india and pakistan where you have heavy weather conditions that are bringing down productions. bottom line is to finish food products, this is a big, big deal. got a huge impact on food prices for people at general mills, kelloggs. watch that in their costs for next quarter. right now, play it with czz down in brazil. they're priced at 13 to 14 cents a pound. it's now around 30. they're minting money. corn products international, cpo, this is corn sweeteners or alternatives to sugar. this trade is not going to go away. this is not a case of a commodity trade that's gone through a squeeze on speculation. this is a change in the dynamics of sugar. >> would you say it's a buy right now? the run-up on that stock was scary. >> you'll get upgrades on earnings. they're priced off of sugars. that's half of where it's trading now. they've been trading that way for the last six to nine months. and also, they are specifically -- they're now a much levered play than they were last year. ethanol is the other big part of their business. that business is growing as
the top three producers are brazil, india and pakistan where you have heavy weather conditions that are bringing down productions. bottom line is to finish food products, this is a big, big deal. got a huge impact on food prices for people at general mills, kelloggs. watch that in their costs for next quarter. right now, play it with czz down in brazil. they're priced at 13 to 14 cents a pound. it's now around 30. they're minting money. corn products international, cpo, this is corn sweeteners...
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Aug 14, 2009
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you cannot compete with china and india with an inadequate education system and that an adequate system can't be fixed by no child left behind. you need a new model of every american getting ahead because you have to many adults under educated for the world market and you can't say to someone who's 22 we are not going to help you but we will fix k-12 because you have to have 40 to 50 years of person on the job market so we need to have a fundamental new approach that includes vocational technical school, includes college, it includes k-12 but also includes homeschooling and learning on your own and it includes things like the university of phoenix on libeler in. we have to have a fundamentally new approach to 365 days a year capacity to keep learning at a rapid rate so every american can be fully informed. i mentioned earlier 2 billion minutes. i wish every community in america what watch that film and have a dialogue of does it mean and what we have to do some schools can be competitive. compton points of 60% of u.s. students have no science to biology. only 18% of students take advanc
you cannot compete with china and india with an inadequate education system and that an adequate system can't be fixed by no child left behind. you need a new model of every american getting ahead because you have to many adults under educated for the world market and you can't say to someone who's 22 we are not going to help you but we will fix k-12 because you have to have 40 to 50 years of person on the job market so we need to have a fundamental new approach that includes vocational...
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Aug 21, 2009
08/09
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but those markets, china, brazil, and india are up substantially more than that. so they have been the leaders in terms of investment performance. and when we start to see cracks in these markets, and i think we're going to continue to see some cracks, they're way ahead of themselves. >> okay. >> it's going to impact our market. >> don, you want to answer that? >> i think he's a little too pessimistic about this. it's going to be volatile. but it's a small market compared to ours. it's an important indicator of sentiment here. but it is not really a competitor for the kind of institutional investors that are dominant in our market or are dominant in japan or the european markets and not a good indicator for individual investors here either. >> okay. >> the way individual investors participate in china is in those chinese stocks that trade in america. >> okay. new topic. bob, housing data very strong today, what about the housing stocks? is that some place you're willing to go to? they've had tremendous runs, is it all priced in? >> i think most of it is priced in.
but those markets, china, brazil, and india are up substantially more than that. so they have been the leaders in terms of investment performance. and when we start to see cracks in these markets, and i think we're going to continue to see some cracks, they're way ahead of themselves. >> okay. >> it's going to impact our market. >> don, you want to answer that? >> i think he's a little too pessimistic about this. it's going to be volatile. but it's a small market...
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Aug 11, 2009
08/09
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ina, india, bzil. i thi they are already showing it. they a already goinging that far. 9 united states knew far better than i h things are ing. but you still see bo in the united stas and europe news of j layoffs andlthough theinancial sector seems to be in less bad shape, let's put it that way, the realconomy, one hopes against hope that things a going to look better. but you still kee reading about job layoffs. and until that allyurns, and i don't know if that i going to happen before the end of this year, it's very difficult toell how, when we're gointo come out of it. i don't think it a question off, ofourse we will come out oit. so when we come out of this, when the global economy is back, what will be different? >> i think there will be a lot mo caution. people are going to be a lot moreautious about what th're investing in. i think govnments are going to have to b more cautious. i thinkhe companies going out and doing multimilli dollar acquisitionsre going to be a lot more utious. and th may not be a bad thin it's been said that
ina, india, bzil. i thi they are already showing it. they a already goinging that far. 9 united states knew far better than i h things are ing. but you still see bo in the united stas and europe news of j layoffs andlthough theinancial sector seems to be in less bad shape, let's put it that way, the realconomy, one hopes against hope that things a going to look better. but you still kee reading about job layoffs. and until that allyurns, and i don't know if that i going to happen before the end...
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Aug 7, 2009
08/09
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india is next door. they hate each other. what can we do? >> the military is called the steel skeleton because it is the one institution that holds the country together. we need to make sure does not turn against us. it is not anything we can do in a few days or few months. if we lose the struggle and the radicals takeover, they have dozens or hundreds of nuclear weapons to use against india. the stakes in pakistan are very high, higher than afghanistan or iraq. greta: we hear the nuclear arsenal is safe and under control. i do know why, but i do not feel comfortable with that. can the committee that is true? he was like the walmart and nuclear weapons. he was giving a clear weapons all over the world to north korea, syria. he is a hero in number three. the worst thing they did was give him a house arrest. >> >> i dealt with that when those in the government. from a technical point of view, it is unlikely you will have an accidental detonation of nuclear weapons. greta: i'm not worried about that. >> the real problem is the political control
india is next door. they hate each other. what can we do? >> the military is called the steel skeleton because it is the one institution that holds the country together. we need to make sure does not turn against us. it is not anything we can do in a few days or few months. if we lose the struggle and the radicals takeover, they have dozens or hundreds of nuclear weapons to use against india. the stakes in pakistan are very high, higher than afghanistan or iraq. greta: we hear the nuclear...
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Aug 24, 2009
08/09
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india, another rising power and the world's most populous democracy, is traditionally not inclined to support our western inclination to support human rights and economic pressure and military intervention. nor are many of the growing economic power centers in the world, brazil or in the call. not only has the world not converting around our own democratic norms, but according to a survey, global freedom to his third year of decline in 2008, but nearly powerful democratic nations do not share our view of how to conduct foreign policy. the liberal interventionism has generated much debate in britain. but the varying degrees, all have subscribed to it. the economic conditions have enjoyed some support as has military intervention in many countries. iraq being a much more controversial case, but heavily supported at the time. we're all agreed that we would try to intervene in another situation. but in the years and decades to come, the rise of other nations will constrain our ability to act in this way. a further constraint will come in the form of tightly controlled military budgets. th
india, another rising power and the world's most populous democracy, is traditionally not inclined to support our western inclination to support human rights and economic pressure and military intervention. nor are many of the growing economic power centers in the world, brazil or in the call. not only has the world not converting around our own democratic norms, but according to a survey, global freedom to his third year of decline in 2008, but nearly powerful democratic nations do not share...
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india is growing. india is a very interesting case as well. win india became independent in 49-- no, 48, in 48 and yet chosin an economic model which was extremely popular at that time, no closed border, stay controlling the industry, what was called the license king demeny couldn't starting a business, even a small business and this was supposed to bring india out of poverty. the growth rate of india between 1991 was 1% for have a tent and this growth rate was so predictable, so constant so regular that economists in india call that-- rate of growth as of 1% was rooted in the ndn pour hindu culture. in 91, the finance minister decided to open the border to welcome foreign investment to a certain extent, to counsel the licence system and india is growing between five, six, 7% according to the years. i mentioned india because it is less known then what happened in china in which i would not elaborate. one of the applications of sound principle in good economic policy showed that religion, civilization is not a key factor. the key factor is the
india is growing. india is a very interesting case as well. win india became independent in 49-- no, 48, in 48 and yet chosin an economic model which was extremely popular at that time, no closed border, stay controlling the industry, what was called the license king demeny couldn't starting a business, even a small business and this was supposed to bring india out of poverty. the growth rate of india between 1991 was 1% for have a tent and this growth rate was so predictable, so constant so...
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Aug 19, 2009
08/09
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let's head over live to mumbai with ayesha iffaridi for a chec on the india business report. >> following it up from asia, down by 50 points for the nifty right now. almost over 1%, though it's recovered from the low point of the day. we were staring down by about a 2%. you are seeing heavyweight selling, beat up markets are selling off and you are seeing institutional selling coming in. so reliance industries or in gc, both of these counters are giving off a lot by way of momentum. you have counters from the entire real estate space like unitech and glenn mark pharmaceuticals, that is one count which is in focus and trade today. here is perhaps the reason why. forest labs currently says they did not show positive results in the phase 2b trials pop so any jerk reaction coming in on opening bell. the counter was down about 18 odd percent. still continues to suffer, down about 14% on last count. some bit of recovery in ranbaxy, idn and a couple of other counters which have which has sold off a bit in the last week or so. with that, it's back to you. >> ayesha faridi, thank you very much. an
let's head over live to mumbai with ayesha iffaridi for a chec on the india business report. >> following it up from asia, down by 50 points for the nifty right now. almost over 1%, though it's recovered from the low point of the day. we were staring down by about a 2%. you are seeing heavyweight selling, beat up markets are selling off and you are seeing institutional selling coming in. so reliance industries or in gc, both of these counters are giving off a lot by way of momentum. you...
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Aug 7, 2009
08/09
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i know the nuclear arsenal is terrifying, and you've got india next door and they hate each other, but what can we do? >> well, i think in pakistan, the military, which the people there are called the steel skelton, because it's the one institution of government that really holds the country together. we have to make sure that does not turn against us. that's not going to be anything we can do in a few days or a few months. it's a long-term proposition. if we lose that struggle, though, and the radicals take over in pakistan, they've got dozens, maybe hundreds of nuclear weapons to use against india or to give the terrorist groups that can be used around the world. the stakes are very high around the world, i think today higher than afghanistan or iraq. >> can you -- i mean, we hear from our government that the nuclear arsenal is safe, that it's under control. i don't know why, but i don't feel comfortable with that. can you convince me that that's true? i know that even a.q. khan, is almost like the devil, like the wal-mart of nuclear weapons. he's giving nuclear weapons all over the
i know the nuclear arsenal is terrifying, and you've got india next door and they hate each other, but what can we do? >> well, i think in pakistan, the military, which the people there are called the steel skelton, because it's the one institution of government that really holds the country together. we have to make sure that does not turn against us. that's not going to be anything we can do in a few days or a few months. it's a long-term proposition. if we lose that struggle, though,...
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Aug 24, 2009
08/09
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on top of that, the huge expansion of economy such as china and india means that in our working lifetimes, the size of the european economy relative to address the world looks set to shrink dramatically. projections have shown europe's share of the world economy declining from 18% to 10% by the middle of the century, and even the united states is not immune from the effect of economic problems. this diminished economic weight will have a major impact on the ability of western nations to achieve their foreign policy goals. we are used to the idea of calling for economic sanctions against nations whose human rights records we find an acceptable. south africa under apartheid being a celebrated example. now we apply them to recalcitrant and regimes. it is already clear that the power of such economic weapons is declining. it follows from this analysis that it will decline much further in the years to come. what is more, much of the economic weight in the world is passing the countries which either do not fully share our concepts of democracy and human rights or for their own reasons are oppos
on top of that, the huge expansion of economy such as china and india means that in our working lifetimes, the size of the european economy relative to address the world looks set to shrink dramatically. projections have shown europe's share of the world economy declining from 18% to 10% by the middle of the century, and even the united states is not immune from the effect of economic problems. this diminished economic weight will have a major impact on the ability of western nations to achieve...
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Aug 28, 2009
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. >> the journal, actually, i don't know if you can pick this up but a picture about people in india driving harleys. it speaks about this growth handoff. they eventually want to have -- if there's going to be an engine of growth it won't be in the united states because the consumer is having difficulty. it has to be the rest of the world. we hope as the rest of the world moves up the income rung they'll be buying more american-made products and global trade will pick up. >> and what's the running price of a harley there? like 1,000 bucks? the average salary of a person, a commuter, is $1,000. it would be difficult to afford the hog right now. >> in india and china, you have the motorbike, the dad in the front, baby on the lap, mom on the back with groceries and a chicken stuck on the back. really cool on the harley. >> they do look good. >> just a short time ago we didn't think anyone anywhere was going to buy nonessentials or an american-made product. people are and it's a good thing. >>> coming up this morning's top stories and also jim and tony take on them. plus, could a brawl b
. >> the journal, actually, i don't know if you can pick this up but a picture about people in india driving harleys. it speaks about this growth handoff. they eventually want to have -- if there's going to be an engine of growth it won't be in the united states because the consumer is having difficulty. it has to be the rest of the world. we hope as the rest of the world moves up the income rung they'll be buying more american-made products and global trade will pick up. >> and...
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Aug 21, 2009
08/09
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pakistan mains suspicious of america' motives and goalin the region, suspicious of its relatiship wi india, and most of all feels thathis constructive engagement is likelyo end, once pakistan cees to be of strategic use to america all political groups he asked the u.s. to use soft per and onomic growth to resolve the intractable confct that contues to spread through this region. anitmcnaught, al jazeera in islamabad, paktan. >> if yowant to get a sense what american diplomats woing in pakistaare sometimes up agnst, consider this account we came across earlier ts week in "the new yo times." it desibes a recent meeting between the obama adnistration's new under secretary of state forublic diplomy and public affairs, that's judith mchale, and a pakistani journali. accoing to the "times," she told him howmerica wants to ild bridges to the muslim world. his response, quotin should know that we hate a amerans. from the bottom of o souls, we te you." >>> and now to o weekly roundtab. our look back at some of t week's mosimportant international newstories. tonight 'll discuss. the esidential elect
pakistan mains suspicious of america' motives and goalin the region, suspicious of its relatiship wi india, and most of all feels thathis constructive engagement is likelyo end, once pakistan cees to be of strategic use to america all political groups he asked the u.s. to use soft per and onomic growth to resolve the intractable confct that contues to spread through this region. anitmcnaught, al jazeera in islamabad, paktan. >> if yowant to get a sense what american diplomats woing in...
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Aug 24, 2009
08/09
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on his visit to india in 2006, david cameron said he believed it was time for britain and india to forge a new special relationship, focusing particularly on fighting terrorism, protecting the environment, and globalization. india is also leading member of the commonwealth, an organization which has been neglected and undervalued under the labour government in britain. in last year's strategy documents, the only mention of the commonwealth was in the title. it is extraordinary -- it is the unique network of 53 country spanning five continents with 35 of the world's population -- 3 favre% of the world's population. -- 35% of the world's population. a good example of how it could be used is to encourage to take a leading role in addressing state failure, like coordinating a future rehabilitation package for its former member, zimbabwe. if the commonwealth is not the only group of countries where rican recreate historic connections on a new, modern basis. i have long argued that britain should embark on the elevation of its links with many of the countries of the middle east and gulf, not o
on his visit to india in 2006, david cameron said he believed it was time for britain and india to forge a new special relationship, focusing particularly on fighting terrorism, protecting the environment, and globalization. india is also leading member of the commonwealth, an organization which has been neglected and undervalued under the labour government in britain. in last year's strategy documents, the only mention of the commonwealth was in the title. it is extraordinary -- it is the...
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Aug 16, 2009
08/09
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we will never have china and india, as we have a bill. but if you want to progress, let's look at what works. here is something that i am asking for your help in, having nothing to do with washington. with 40 cities on different continents to help them reduce their greenhouse gases. we work with 1100 cities to get them discount clean energy technology. we are trying to retrofit the empire state building to cut emissions 40%. i met to the budget people in puerto rico yesterday you want to make their island energy independence with a clean energy and efficiency. these are things that can be done. there are a lot of practical things that need to be advanced before we can get there. i will give you one example. this cash for clunkers program has worked great. it has been better than all the mechanisms of reorganizing the auto industry. we ought to put that on steroids when we can sell electric cars and buy them. there ought to be a six month waiting list for every electric car that any company can turn out before the first one is sold. becaus
we will never have china and india, as we have a bill. but if you want to progress, let's look at what works. here is something that i am asking for your help in, having nothing to do with washington. with 40 cities on different continents to help them reduce their greenhouse gases. we work with 1100 cities to get them discount clean energy technology. we are trying to retrofit the empire state building to cut emissions 40%. i met to the budget people in puerto rico yesterday you want to make...
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Aug 10, 2009
08/09
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>> well, i think we have growth coming out of china, out of india, some domestic growth but it will be a slow growth. i don't think there will be no growth but slow growth. there is a risk we turn down later in the year. a lot of -- >> later this year? >> well, i would say into 2010. but you guys and i agree are great fans to warren buffett. he's noted for saying, you know, forecasting the future, tell you more about the forecast than they tell you about the future. once you get beyond the 12-month rice, you're talking politics s rather than economics. it will be highly unusual after fiscal stimulation in the monetary stimulation, injected in the economy didn't have the intended effect. >> over the weekend barron's said you would almost prefer a return that's tepid, because as long as the economy is subpar, less politicians are, they can't force through legislation, you go along with that or would you rather have a booming recovery? >> no. steady as she goes. >> really? >> give opportunity for the excesses to unwind. same thing for the stock market. our target at the beginning of the y
>> well, i think we have growth coming out of china, out of india, some domestic growth but it will be a slow growth. i don't think there will be no growth but slow growth. there is a risk we turn down later in the year. a lot of -- >> later this year? >> well, i would say into 2010. but you guys and i agree are great fans to warren buffett. he's noted for saying, you know, forecasting the future, tell you more about the forecast than they tell you about the future. once you...
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Aug 20, 2009
08/09
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this car you can buy in india for $2500. that's right a full four-door car seats four people you like a fifth you don't, is now available and selling like crazy. you may wonder, why am i telling you about a car that's only available in india? big news, this car just passed the european union safety and crash test, a car somewhat similar to ours and europeans are already buzzing they're going to be able to buy a car, even with the modifications for european will end up being somewhere around $3500. what about us? i want you to know, for us, this is a clear trend that we are going to see, in the next few years, cars cheaper than you ever imagined, about the price of a motorcycle. i'm clark howard. for more ways to save, go to cnn do cn cnn.come/clarkhoward. >> clark will tell you how to save more and spend less and avoid getting ripped off. how? he'll tell you at noon on the weekends. >>> the president tells you he needs help to get health care reform passed. he picked up the phone and called 140,000 people. new for you in abo
this car you can buy in india for $2500. that's right a full four-door car seats four people you like a fifth you don't, is now available and selling like crazy. you may wonder, why am i telling you about a car that's only available in india? big news, this car just passed the european union safety and crash test, a car somewhat similar to ours and europeans are already buzzing they're going to be able to buy a car, even with the modifications for european will end up being somewhere around...
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Aug 2, 2009
08/09
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were subjected to what he called the savage injustices of the europeans and particularly in conquered india, as the prime concern. we can easily think of m blocks today. hits observation in fact is one of the few solid and enduring principles of international and domestic affairs. well to keep in mind. at the food crisis is a case in point. it erupted first and most dramatically in haiti in the early 2008, and like bangladesh, haiti is a symbol of the utter misery. like bangladesh, when the european explorers arrived, they said they were stunned because it was so remarkably rich in resources. later it became the source of much of france's wealth. i am not going to run through this sordid history but the current food crisis traces back directly to woodrow wilson's invasion of haiti, which was murderous and brutal and destructive. among wilson's many crimes was to dissolve the haitian parliament at gunpoint, because if refused to pass what was called progressive legislation which would allow u.s. businesses to take over haitian lance. wilson marines then ran a free election in which the legis
were subjected to what he called the savage injustices of the europeans and particularly in conquered india, as the prime concern. we can easily think of m blocks today. hits observation in fact is one of the few solid and enduring principles of international and domestic affairs. well to keep in mind. at the food crisis is a case in point. it erupted first and most dramatically in haiti in the early 2008, and like bangladesh, haiti is a symbol of the utter misery. like bangladesh, when the...
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Aug 24, 2009
08/09
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on his visit to india in 2006, david cameron said that he believed it was time for britain and india to forge a new special relationship, focusing particularly on fighting terrorism, protecting the environment, and globalization. india is also a leading member of the commonwealth, which has been valued on to the labour -- which as been devalued in the labour gouvernment. it is extraordinary diversity offers some straight, a unique network of 53 countries spanning five continents with 30% of the world's population. we believe the commonwealth is a tool to be picked up and used more often, to help dialogue and conflict prevention, taking a leading role in addressing state failure by coordinating up future rehabilitation package for its former member, zimbabwe. get the commonwealth is not the only group of countries where we can recreate historic connections on a new modern basis. i have long argued that britain should embark on the elevation of its links with many countries of the middle east in the gulf. not only diplomatically, but in matters of culture, education, commerce, and secu
on his visit to india in 2006, david cameron said that he believed it was time for britain and india to forge a new special relationship, focusing particularly on fighting terrorism, protecting the environment, and globalization. india is also a leading member of the commonwealth, which has been valued on to the labour -- which as been devalued in the labour gouvernment. it is extraordinary diversity offers some straight, a unique network of 53 countries spanning five continents with 30% of the...
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Aug 20, 2009
08/09
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you're talking about the bric countries, brazil, india, russiaa, china. russia is still one of the ones you want to be invested? i recognize as oil goes higher it's positive but russia was sort of the outlier there for a little while. >> i'd say we're most focused, you know, at morgan stanley investment management we have an investment emerging markets portfolio manager rushi sharma. i agree with him. we very much like the india story. i'm probably a little more positive on brazil. but we want to stay in the big liquid countries. and we also have a positive bias toward some of the smaller countries where we're seeing catch-up, things like turkey. but there's a lot of interesting things going on in the u.s. versus global. take china versus the u.s. right now. china's financials are trading at almost three times book. the u.s. financials are trading at one times book. and in the near term i think the chinese banks will continue to do well, but ultimately they're going to participate price the way u.s. banks did from excessive lending along the way. there's
you're talking about the bric countries, brazil, india, russiaa, china. russia is still one of the ones you want to be invested? i recognize as oil goes higher it's positive but russia was sort of the outlier there for a little while. >> i'd say we're most focused, you know, at morgan stanley investment management we have an investment emerging markets portfolio manager rushi sharma. i agree with him. we very much like the india story. i'm probably a little more positive on brazil. but we...
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Aug 17, 2009
08/09
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CNN
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he's an icon in india. c shah rukh khan, known for his energetic dance moves, have starred in several bollywood movies. but his star status at newark friday, immigration officials questioned him for nearly an hour. >> they kept telling me it's because your name is common. and i was too polite to ask common to what? you know? so, it's a bit of an issue. >> reporter: as kahn posed for pictures with fans sunday in houston, fans in india were outraged at u.s. officials after kahn said he was detained. protesters took to the streets. some even burnt an american flag. when government officials suggested subjecting americans to the same kind of treatment when they visit india. a columnist with the mumbai mirror says the anger isn't so much about racial profiling. >> it is more about how dare you, america, stop a very well-known -- our most famous actor and insult him? >> reporter: the u.s. ambassador to india even weighed in over the weekend, noting kahn is a global icon and a very welcome guest in the united stat
he's an icon in india. c shah rukh khan, known for his energetic dance moves, have starred in several bollywood movies. but his star status at newark friday, immigration officials questioned him for nearly an hour. >> they kept telling me it's because your name is common. and i was too polite to ask common to what? you know? so, it's a bit of an issue. >> reporter: as kahn posed for pictures with fans sunday in houston, fans in india were outraged at u.s. officials after kahn said...
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Aug 10, 2009
08/09
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CSPAN2
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and create jobs in software development for example and i have trouble bringing in my workers from india or pakistan or singapore or britain? would it be a lot easier for me to move the job to the worker overseas and bring the workers to the job here? >> i had a conversation about three weeks ago with a google executive who is responsible for these decisions, director of global hiring. he says we hire and we locate our facilities wherever we can bring in the till to people we need. he said that at this point they think they basically interviewed everyone in the state of california. google searches the entire country and the entire world to find the best people and he said because it's hard to get the people in the u.s., we will locate in hong kong or singapore or europe and we're seeing microsoft for the first and has moved a research and development facility outside into vancouver because it's easier for them to get the people that want in canada. that is what companies will do. they can get them here they will go elsewhere. >> jackie, does it make sense to say that the mexican people a
and create jobs in software development for example and i have trouble bringing in my workers from india or pakistan or singapore or britain? would it be a lot easier for me to move the job to the worker overseas and bring the workers to the job here? >> i had a conversation about three weeks ago with a google executive who is responsible for these decisions, director of global hiring. he says we hire and we locate our facilities wherever we can bring in the till to people we need. he...
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Aug 30, 2009
08/09
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CSPAN2
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churchill allegedly read the whole thing when he was a soldier in india. but you can read condensed versions which a actually pretty good. gibbon is very wrong about religion. but he's very right about a lot of things, too. and it's just splendid, splendid reading. edmond burke, reflections on the revolution of france. i know everyone likes to put this book on their list but i hope a of you have read it and absorbed it. and if you haven't i encourage you to do so. the first time i came to washinon and started interacting with my fellow conservatives, i thought they must not have read this book. i remember going to a party that was thrown by someone who's quite famousight now, and he was a celebration of the french revolution party because to him this was a great blowor libertarian and democracy and all this sort of thing. i thought you've got to be kidding me. i thought it was crazy then and i still think it was crazy now. the premiums hat areital crucial and true are things that i think rub a lot of people in a knee-jerk way the wrong way. weave the famou
churchill allegedly read the whole thing when he was a soldier in india. but you can read condensed versions which a actually pretty good. gibbon is very wrong about religion. but he's very right about a lot of things, too. and it's just splendid, splendid reading. edmond burke, reflections on the revolution of france. i know everyone likes to put this book on their list but i hope a of you have read it and absorbed it. and if you haven't i encourage you to do so. the first time i came to...
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255
Aug 26, 2009
08/09
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CNBC
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in india a government regulator just put out a report, four times as many people getting on the web on their phones as on their pc. >> what about that? do you buy into some of these trends or are you just literally looking very specifically at dividend plays and value plays? >> well, one of the things that we've seen is the u.s. consumer and consumer around the world is actually continuing to buy stuff, which is great. you would think that with the challenges the consumer has faced over the last year or so in deleveraging and everything else and the job market the way it is the consumers wouldn't be spending. but one of the things that we're hopeful about with the economy is that the consumer's actually out there spending money. >> well, what about the market here? you're talking about a market that's up 50% from the bottom on march 9th or so. >> we think right now we're pretty much as close to a maximum value point for the moment. when third quarter earnings come out, we expect them to be pleasing enough that the market may even sprint higher. but we may quet a pause here. september,
in india a government regulator just put out a report, four times as many people getting on the web on their phones as on their pc. >> what about that? do you buy into some of these trends or are you just literally looking very specifically at dividend plays and value plays? >> well, one of the things that we've seen is the u.s. consumer and consumer around the world is actually continuing to buy stuff, which is great. you would think that with the challenges the consumer has faced...